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5 tips to prepare your condo for a profitable sale

Getting ready to add your property to the selection of highly coveted Little Italy condos for sale? Here are five useful tips:

Make a plan

Start getting organized as soon as you decide to sell your condo. Make a list of things to do, schedule important meetings and activities, and plot out a reasonable timeline for the entire process.

Whether you use a pen and paper or prefer typing everything out on your computer, putting your thoughts down in writing will help you keep a clear mind from start to finish.

Review your condo association rules and regulations

Having owned the condo, you should already know that homeowners’ association (HOA) rules and restrictions apply to its ownership and use.

Gather your HOA’s relevant documents and review the policies again – this time from a seller’s perspective. This will enable you to:

  • Set clear expectations with inquiring buyers
  • Address questions and concerns buyers might have about the HOA
  • Identify what property improvements you can undertake and which ones
    are most worth your while
  • Present proper HOA documents to facilitate a fast and smooth closing

Identify and showcase the property’s best features

Whether you opt to hire a professional stager or choose the DIY route, make sure you know how to show off your condo in its best light in the marketing material that you’ll create for your listing.

Remember which parts of the property you found most attractive when you were buying it. Was it a spacious balcony? An impressive view overlooking the city? The dedicated parking space?

Make small but important improvements

Being smart about home improvement projects will make your preparations more efficient and practical. Here are four ways to do it:

  • Concentrate your efforts on buyers’ most scrutinized areas around the home. Focus on the kitchen, bathrooms, and bedrooms. Go back to the best features you identified from the last point and give them proper attention, too.
  • Avoid major remodels. These will cost you more than you will be able to recoup.
  • Opt for smaller fixes and changes that present the property in excellent livable condition. Simple projects like repairing leaky faucets, updating cabinet doors, and replacing cracked tiles make your condo look and feel more move-in ready at little cost.
  • Have the property inspected ahead of the sale to identify hidden or potential problems that might delay the closing of your sale.

Find a reliable real estate agent

Look for a real estate professional that specializes in selling condos in your area. A local specialist will help you:

  • Create an effective marketing plan
  • Determine the right price for your property
  • Identify specific upgrade or renovation ideas that appeal to buyers in your market
  • Choose the best offer among the many that will come your way
  • Avoid costly mistakes throughout the process

BONUS: Read more about how to sell a condo from Little Italy Condos

Need more great ideas? Read our previous blogs:

Little Italy Condos is your go-to resource for all your property selling concerns and needs. Call us today at 619-322-2262 or email Jorge(at)LittleItalyCondos(dotted)com and count on us to lead you to a satisfying and rewarding sale.